Islay Community Access Group Trustees, report & financial accounts for the year ended 31 January 2026 Registratbon No - SC037772 Simmers & Co OBAN
Islay Community Access Group Financial Statements Year ended 31 January 2026 TrUse$, annual report Page Independent examiner's report to the trustees Statement ol financial attivitres Statement of financial position Notes to the financial statements The following pages do not form part of the financial statements Detailed scatement of financial accivities 9- 16 Notes to the detailed srarement of financial activities 18
Islay Community Access Group Trustees. Annual Report Year ended 31 January 2026 The trustees present their report and the unaudited financial statements of the charity for che year ended 31 January 2026. Reference and administrative details Registered charity name Islay Communiry Access Group Charity registration number SC037772 Lochindaal House Port Charlotte Isle of Islay PA48 7UD Principal office The trustees Mr G Roberts Mr P Graham Mr J Thurgood Mr N Woodrow Capt2in J Dobson Mr J MacTaggart Mr J Maclntyre Independent examiner David McGregor CA Simmers & Co, Chartered Accountants Albany Chambers Albany Street Oban Argyll PA34 4AL
Islay Community Access Group Trustees. Annual Report (contlnued) Year ended 31 January 2026 Strurturei governance and management The organisation is a charity and registered as a charity on 30th January 2007. The Tr¢J5tees who served during the year were: Captain John Dobson (Chair) Mr Paul Graham Mr Glen Roberts Mr Niall Woodrow Mrjolyon Thurgood Mr James MacTaggart MrJohn M2¢1ntyre Under the requirements of the constitution, the Management coMmite is electsd at the AGM and member5 serve for three year5 Wlth the possibility of being elected for a further three years. The Chairman may only Serve a ierm of two years unless overridden by the Committee, this having happened by unanimous decision since 2013. Additional members. up. may be co-opted b¢en AGMS to a maximum of15 of the Management Committee. The Management Committee is deemed to meet a minimum of four meetings in the year. Zoom meetings have Supplanted face to face meeting5 during Covid and even greater emphasis on IT communication has been necessary. Such contemporary communication has been deemed adequate and effettive by the Management Group. The Trus*es have deleted the day to day running of the organi5acion to the Management Committee on a relevant skill basi5 and will continue to do so for the foreseeable future. Most new Trustees are familiar with the prattical work of the charity, either by members of the company or living within the community. By way of welcome and familiarisation of the working of the charity and induction package has been devised.
Islay Community Access Group Trustees. Annual Report (continued) Year ended 31 January 2026 Objertives and activities The charities objectives are- Improve the quality of life for those who live on 151ay and those visiting Islay by creatyng a safe and accessible range of opporrunities to access the countryside for recreation and enhanced health and wellbeing.. Advance education about environmental and cultural aspects of the countryside., Increase learning opportunitie5 about safety and accessibility of the countryside for all: Increase community benefi¢ inyolvement and inierest in responsible access to the countryside. The Trustees have paid due regard to guidance issued by the Office of the Scottish Charity Regulator in deciding what activities the Charity should undertake. The Tru5tres and members of the Management Committee are all volunteers. Additional volunteers help with the Group's activities from time to cime.
Islay Community Access Group Trustees. Annual Report (continued) Year ended 31 January 2026 Achievements and performance The purpose of the151ay Community Access Group (ICAG} is to design and maintain wheeling and pedestrian pathways between the villages on Islay where there are presenrly insufficient pavements or paths. To facilitate this, we need to raise funds from private businesses and through grants and funding from local and national government5. We also seek public donations and are still working on introducing a QR system to allow direct transfer of funds as more and more people visiting the paths do not carry cash. This year we have received several donations from private individuals and local businesses. Sadly. the problems with ferry bookings an unreliable ferry Services have seen a downturn in visitors this last year and a similar downturn in our public donations. In addition to the fund raising, we have limited responsibility to maintaining some pathways that give access to beaches and open spaces. The start of 2025 saw storm Eowyn cause severe damage to che island in general and the seawdll that protects the Three Distilleries path at Stinky Bay was badly damaged. Our local contractor Nyds very swift to clear che pathway and then rebuild the wall using stronger materials in order that this does not happen again. We have been working with the owners of the new Porcnatrnin Distillery. Elixer Di5tiller5, to change the signs on che Three Distilleries Path from Port Ellen to Ardbeg to the Four Distilleries Path and they have agreed ro cover all the costs of the new signs. It is hoped that the new signs are more accurate and more informative that the previous signs. In order to facilitate the arrangements for the maintenance and construction of che paths under our responsibility we hold four management meeting5 per year with the ICAG truscees. At present we have seven trustees holding office. There have been no changes in the trustees in thi5 year, but we do need to attract new members as we all grow older. This is to be drscussed again at the AGM. In 2025126 we have responsibiliry for the maintenance of two paths. The Three Distilleries path. shor¢ly to be renamed a5 the Four Distilleries path when the Porcnatruin Distillery comes into operation, from Port Ellen to Ardbeg. and the Loehindaal Way which joins the villages of Bruichladdich and Port Charlotte. To maintain these paths, we have engaged with a local contractor who will continue co cut back undergrowth and clear grass where this is overgrowing the path. Various works have been completed where walling repairs were required where these have been damaged through wear and tear and animals. The Lochindaal Way was severely damaged when the verge was Cut through and allowed flood Nfdter to cascade onto the path surface causing severe erosion of che path 2nd lifting ? large area of the top surface. The repairs took a long time to arrange due to winter MperatureS and lack of manpower but were eventually complered in the summer. The housing development by West Highland Homes. {A&B C 2nd the Scottish Government) at the Port Charlocte end of the Lochindaal Way is nearly completed and we understand that occupancy of the new home5 will happen as soon as road marIal is supplied to surface the roads in the development. It is still unclear as to what the plan is for the Lochindaal Way where it rejoins che pavements in Port Charlotte, but we understand thar some 50rr of chicane system will be installed to avoid speedy cyclists from joining the pavements or carriageway. The contrattors haye also stated Ihat they will reinstall the path signs and dog waste bag dispenser when the work5 are completed. At the end of January 2026. we received the excellent news that we have been allocated fijnding to start the pathvoy from Bowmore to Bridgend and specifically Ihe section from Beech Avenue to Kilarrow House. Although we are still Nfditing for the fvnding in writing we have engaged with a local contractor and he has started the work. This small secuon has to be completed by 3 1st March in order ro qualify for the funding in this financial year but will put us in a very good position for future funding. We have also been given full planning permissior¢ for the remainder of the path to Bridgend.
lslay Community Access Group Trustees, Annual Report (continued) Year ended 31 January 2026 Financial review It is policy of the Charity that unrestricted funds which have not been designated for a specific use should be maifttsined at a level equivalent to between three and six month's expenditure. The Trustees considers that reserves at his level will ensure thac in the event of a significant drop in funding. they will be able to continue that Charity's current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year. The organisation generated total income of £14.430 12025 - £77.791} of which £10.799 12025 £13,802) was unrestritted and £3,631 (2025 - £63.9891 Wds restricted. Total expenditure was £10,380 12025 - £72,983) of which £6.749 {2025 . £8.994) was unrestricted and £3,631 {2025 £63.989) was restrictsd. As a resul¢ the charity generated an overall surplus of £4,05012025 - £4.8081 and made a surplus on unrestricted funds of £4.05012025 - £4,808) and a surplusl deficit of £nil 12025 - £nil) on restritted activities. To(al funds at the year-end were £53,405 12025 - £49,355}, £53,405 12025 £49,355 including £20.000 designated) were unrestricted and £nil (2025, £nil) were unrestricted. Principle funding sources in the year were donations from rhe donation boxes and local businesse5 to maintain the existing paths and grants from Argyll & Bute Council for maintenance and planning of the Bowmore to Bridgend path. The Trustees have considered the most appropriate policy for investing funds 2nd ha$ found that short to medium term investment of funds should be held in a mixture of current accounts. Plans for future periods In 2026 we will aim to continue our rnainten3nce of Ehe two existing paths. the Four Distilleries path and the Lochindaal Way. using our local ¢ontractor and raising funding from the distilleries and other businesses on the Island. We will also continue with our pathway from Bowmore to Bridger)d and hope to secure funding for Ihe sectyon as far as the Gaelic College in 2026. The next section of pathway will be the Bridgend to Port Askaig section and while this is less channelling in of SSSI etc ir will require a deal of cooperation with various landowners. In 2023 V 5tarced the process of applying to become a SCIO however the application has been rejected as our constitution does not meet with the requirements of OSCR. We have drafted a new constitution in line with the SCIO guidance, and this will be agreed at the AGM in April 2026. Once we have achieved our SCIO status we will deyelop a new land agreement. The trustees, annual report was approved on 24 March 1026 and signed on behalf of the board of trustees by- erts Captain J Dob50n Trustee Trustee
Islay Community Acces5 Group Independent Examiner's Report to the Twstees of Islay Community Access Group Year ended 31 January 2026 I report to the trustees on my examination of the financial statements of Islay Communiry Access Group I'the chariry,) for the year ended 31 January 2026. Responsibilities and basls of report As Ihe trustees of the charity. you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities and Trus Investment (Scotland) Act 2005 (the '2005 Acc,) and the Charities Accounts (Scotlandl Regulations 2006 (as amended). You are sat15fied that your charity 15 not required by charity law to be audited and have chosen Ins&d to have an independent examination. l pOrt in respect of my examination of the charity's financial statements as carried out under section 44111{c) of the 2005 Act. In carrying out my examination I have followed the requirements of Regulation I l of the Charities Accounts {Scotland} Regulations 2006 (as amended). Independent examiner's statement Since the charity has prepared its accounts on an accruals basis your examiner must be a member of a body listed in Regulation I112} of the Charities Accounts (Scotland) Regulations 2006 (as amended). I can confirm that l am qualified to under¢ake the examination beca¢Jse l am a registered member of the Institute of Chartered Accountants in England and Wales IICAEWI which is one of the listed bodies. I have completed my examination. I confirm that no matters have come to my attention giving me cause to believe that in any material respe accounting records were not kept as required by section 44{1}la) ol the 2005 Att and Regulation 4 of the Charities Accounts (Scocland) Regulations 2006 las amended)., or rhe financial statements do not accord with those records.. or the financial statements do not comply with the accounting requirements of Regulacion 8 of the Charities Accounts (Scotlandl Regulations 2006 (as amended). I have no concern5 and have come across no other matters in connettion with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. David McGregor CA Independent Examiner Simmers & Co. Chartered Accountants Albany Chambers Albany Street Oban Argyll PA34 4AL
Islay Community Access Group Statement of Financial Activities Year ended 31 January 2026 Unrestricted Restricted funds funds 2026 2025 Total funds Total fund5 Note Income and endowments Donarions and legacies Charitable activities Investment income 10,002 3.631 13,633 64,631 13,160 797 797 Total income 10,799 3.631 14.430 77.791 Expenditure Expenditure on charit3ble activities 6.749 3.631 10,380 72,983 Total expenditure 6.749 3,631 10.380 n.983 Net income and net movement in funds 4.050 4,050 4,808 Reconciliation of funds Total funds brought forward 49.355 49,355 44.547 Total funds carried forward 53,405 53,405 49,356 The 5tatemenc of financial attivities includes all gains and 105ses recognised in the year. All income and expenditure derive from continLting activities. The notes on pages 9 to 16 form part of these financial statements.
Islay Community Access Group Statement of Financial Position Year ended 31 January 2026 2026 2025 Fixed assets Tangible fixed assets Note 13 1.125 1.405 Current assets Debtors Cash at bank and in hand 14 98 56,283 98 48,514 56.381 48.612 Creditor5: amounts falling due within one year Net current assets 4,101 662 52,280 47,950 Total assets less current liabilities 53,405 49,355 Net a55ets 53,405 49.355 Funds of the charity Unrestricted funds 53,405 49.356 Total charity funds 16 53,405 49,356 These financial Statements were approved by the board of trustees and authorised for issue on 24 March 2026. and are signed on behalf of the board by.. MrG Trustee Captain J Dobson Trusree The notes on pages 9 to 16 form part of these financial statements.
Islay Community Access Group Notes to the Financial Statements Year ended 31 January 2026 General information The charity is a public benefit entity and a registered chariry in Scotland and is unincorporated. The address of the principal office is Lochindaal House, Port Charlotte, Isle of lslay, PA48 7UD. Ststement of compliance These financial statements have been prepared in compliance with FRS 102. 'The Financial Fieporting Standard applicable in the UK and the Republic of Ireland,. the Staternent of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial ReporEing Standard applicable in the UK and Republic of Ireland {FRS 102} (Charities SORP (FRS 1021} and the Charities and Trustee Investment (Scotland) Act 2005 and the Chariry Accounts {Scotlandl Regularions 2006 las amended). Accounting policies Basis of preparation The financial statements have been prepared on the historical c05r basis. a5 modified by the revaluation of certain financial a55ets and liabilities and investment properties measured at fair value through income or expenditure. The financial statements are prepared in sterling, which 1$ the functional currency of the entity. Going concem There are no material uncertainties about the charity's ability to continue. Judgements and key sources of estimation uncertainty The preparation of the financial statements requires managemeni co make judgements, estimates and assumptions thaE affect the amount5 reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expettat10115 of future events that are believed to be reasonable under the circumstances. Fund accounting Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes. Designated funds are unrestricted funds earmarked by the trustees for particular future projett or commitment. Restricred funds are subjected to restricrions on their expenditure declared by the donor or through the terms of an appeal and fall into one of two sub-classe5- restricted income funds or endowment funds.
Islay Community Access Group Notes to the Financial Statement5 (continued) Year ended 31 January 2026 Accounting policies (continued) Incoming resources All incoming resources are included in the statement of financial activities when entitlement has passed to the charity.. it is probable that the economic benefits associaced with the transaction will flow to the charity and the amounr can be reliably measured. The following specifie policies are applied to particular categories of income.. income from donation5 or grants is recognised when there is evidence of entitlement to the gifL receipt is probable and its amount can be measured reliably. legacy income is recognised when receipt is probable and entitlement is established. income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably. in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if che value can be reliably measured. No amounrs are included for the contribution of general volunteers. income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestrlcd funds unless there is a contrattual requirement for it to be spent on a particular purpose and returned if unspenL in which case it may be regarded as restricted. Resources expended Expenditure is recognised on an accruals basis as a liabiliry is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activitie5 to which it relates.. expenditure on raising funds includes the costs of all fundraising acrivities, events. non- charitable trading ac¢iYities. and Ihe sale of donated g¢)ods. expenditure on charitable actiyities includes all cosrs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiarie5, including those support costs and costs relating to the governance of the charity apportioned to charirable activities. other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charirable attivities. AII costs are allocated to expenditure categories refieccing the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the attivities they contribute to on a reasonable. justifiable and consistent basis. Tangible assets Tangible assets are initially recorded ai cost and subsequently stated at cost less any accvmulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequenE accumulated depreciation 2nd subsequent accumulated impairment losses.
Islay Community Access Group Notes to the Financial Statements (Continued) Year ended 31 January 2026 Accounting policies (continued) Tangible assets (continued) An increase in the carrying amount of an asset as a result of a revaluation. is recognised in other recognised gains and losses, unless li reverses a charge for impairment that has previously been recognised as expenditure within the statement of financial attivities. A decrease in Ihe carrying amount of an asset as a result of revaluation. is recogni5ed in other recognised 1n5 and losses, except to which it offset5 any previous revaluation gin. in which case the loss is shown within other recognised gains arsd losse5 on the statement of financial activities. Depreciation Depreciation is calculated so as to write off the cost or valuation of an asset, le55 irs residual value, over the useful economic life of that asset as follows.. Plant and machinery Fixtures and fittings 20% reducing balance 20Yo reducing balance Impairment of fixed assets The Irustees review the assets values at each year end date and consider whether impairment provisions are required. Financial instruments A financial asset or a financial liability is recogni5ed only when the charity becomes a party to the contrattual provisions of the instrumenL Basic financial instruments are initially recognised at the amoLbnt receivable or payable including any related transaction costs. Current 355ets and current liabilities are subsequently measured at the cash or oiher cor¢sideration expected to be paid or received and not discounted. Financial assets that are measured ai cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment1055 is recognised under the appropriate heading in the statrment of financial activities in which the initial gain was recognised. Any reversals of impairment are recognised immediately. to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment noi previously been recognised.
Islay Community Access Group Notes to the Financial Statements (continued) Year ended 31 January 2026 Donations and legacies Unrestricted Restricted Total Funds Funds Funds 2026 Donations Donations 10.002 10,002 Grants Grants. receivable 3.631 3.631 10,002 3,631 13,633 Unrestricted Funds Restricted Toral Funds Funds 2025 Donat•on$ Donations 642 Grants Grants, receivable 63,989 63.989 642 63,989 64,631 Charitable activitles Unrestricted Total Funds Unrestricted Total Funds Funds 2026 Funds 2025 Other income from charitable activities 13,160 13.160 Investment income Unrestricted Total Funds Unrestricted Total Funds Funds 2026 Fund5 2025 Bank interest received 797 797
Islay Community Access Group Notes to the Financial Statements (continued) Year ended 31 January 2026 Expenditure on charitable activities by fund type Unrestricted Restricted Total Funds Funds Funds 2026 Paths maintenance and development Support costs 6,130 619 3.631 9,761 619 6,749 3,631 10.380 UnstrIcted Re5tricced Total Funds Funds Funds 2025 Attiviry type I Support costs 8.520 473 63,989 72,509 474 8.993 63.989 72,983 Expenditure on charitable activities by activity type Activities undertaken direttly Support Total funds costs 2026 Total fund 2025 A5 above Governance costs 9.761 9.761 619 72,509 474 619 9,761 619 10,380 72.983 Net income Net income is stated after chargingl(crediiingl- 2026 2025 Depreciation of tangible fixed assets 280 351 l O. Independent examination fees 2026 2025 Fees payable to the independent examiner for- Independent examination of the financial statements 630 662
Islay Community Access Group Note$ to the Financial Statements (contlnued) Year ended 31 January 2026 I l. Staff costs The average head counc of employees during the year a$ Nil (2025.. Nil). No employee received employee benefits of more chan £60.000 during the year12025.. Nill. 12. Trustee remuneration and expenses No remuneration or other benefits Irom employment with the chariry or a related entity ¥vere received by any of the trusiees. 13. Tangible fixed assets Plant and Fixtures and machinery fitting5 Total Cost At l February 2025 and 31 January 2026 Depreciation At l February 2025 Charge for the year 2.153 7.243 9.396 1.921 46 6,070 234 7,991 280 At 31 January 2026 1,967 6,304 8,271 Carrylng amount At 31 January 2026 186 939 1.125 At 31 January 2025 232 1,173 1,405 14. Debtors 2026 2025 Prepayments and accrued income 98 98 15. Creditors: amounts falling due within one year 2026 2025 Accruals and deferred income 4.101 662
Islay Community Access Group Note5 to the Financial Statements (continued) Year ended 31 January 2026 16. Analysis of charitable funds Unrestricted funds At l February 1025 Income Expenditure 31 January 2026 29.355 10,799 {6,749) 33,405 20.000 20,000 General funds Designated Fund 49,355 10.799 16.7491 53,405 At l February 2024 Income Expenditure 31 January 2025 29,356 20,000 General funds Designated Fund 24.547 20.000 13,802 18.993) 44,547 13.802 (8,993} 49,356 Within unrestricted funds the trustees have designated the sum of £20,000 to be held to fund repairs to the pachs as required Restricted funds At l February 2025 Income Expenditure 31 January 2026 3,631 13.6311 Restricted Fund Path development At l February 2024 Income Expenditure 31 January 2025 63,989 {63,989) Restricted Fund Path development Parh development funding was received from Argyll & Bute Council to continue the development of a path from Bowmore to Bridgend.
151ay Community Access Group Notes to the Financial Statements (continued) Year ended 31 January 2026 17. Analysis of net assets between funds Unrestricod Total Funds Funds 2026 Tangible fixed assets Current a55ets Creditors less than l year 1.125 56.381 14.101) 1,125 56,381 {4,101) Net assets 53,405 53.405 Unrestricted Total Funds Funds 2025 Tangible fixed assets Current assets Creditors less than l year 1,405 48.612 16621 1,405 48,612 (662) Net assets 49,355 49.355 16